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Tuesday, July 7, 2009

GBPJPY Notes going into Tokyo

Yesterday, the GBPJPY stayed in a 70 pip range through most of the Asian Session(154.60 to 155.30). Now it is finding support at 152.70 and 153.15, but that range will probably widen going into Tokyo. Key levels to watch right now is a break below 152.50, and above 153.15, then 153.50.
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